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Cerence (CRNC)
NASDAQ:CRNC
Holding CRNC?
Track your performance easily
See the Price Targets and Ratings of:
CRNC Analyst Ratings
Hold
0 Buy
1 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
CRNC Stock 12 Month Forecast
Average Price Target
―| Highest Price Target― | Average Price Target― | Lowest Price Target― |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Craig-Hallum
Assigned
11/21/24
TD Cowen
$12→$10
Buy
74.22%
Upside
Assigned
08/09/24
Cerence price target lowered to $10 from $12 at TD CowenCerence price target lowered to $10 from $12 at TD Cowen
Wells Fargo
$6.5→$3.3
Hold
-42.51%
Downside
Assigned
08/09/24
Cerence's Revised Financial Outlook and Cost-Saving Measures Justify Hold Rating
Goldman Sachs
―
Hold
―
Reiterated
08/08/24
Cerence Financial Analysis: A Hold Rating Amidst Restructuring and Growth Potential
Robert W. Baird
$6
Hold
4.53%
Upside
Reiterated
08/08/24
Analysts Offer Insights on Technology Companies: Genpact (NYSE: G), Trade Desk (NASDAQ: TTD) and Cerence (NASDAQ: CRNC)
Needham
―
Hold
―
Reiterated
08/08/24
Cerence's Strategic Cost-Reductions Amidst New AI Products: An Analysis of Financial Impact and Hold Rating Rationale
Wedbush
$9
Hold
56.79%
Upside
Reiterated
05/10/24
Wedbush Reaffirms Their Hold Rating on Cerence (CRNC)
Evercore ISI
$20→$8
Hold
39.37%
Upside
Reiterated
05/09/24
Cerence Inc. (CRNC) PT Lowered to $8 at Evercore ISIEvercore ISI analyst Chris McNally lowered the price target on Cerence Inc. (NASDAQ: CRNC) to $8.00 (from $20.00) while maintaining a In Line rating.
Best Analysts Covering Cerence
Which Analyst Should I Follow If I Want to Buy CRNC and Sell After:
1 Month
xxx
Success Rate
5/8 ratings generated profit
Average Return
+6.51%
assigned a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 62.50% of your transactions generating a profit, with an average return of +6.51% per trade.
3 Months
xxx
Success Rate
4/8 ratings generated profit
Average Return
+15.76%
assigned a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 50.00% of your transactions generating a profit, with an average return of +15.76% per trade.
1 Year
Success Rate
5/8 ratings generated profit
Average Return
+32.99%
assigned a buy rating 3 months ago
Copying Jeff Osborne's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +32.99% per trade.
2 Years
xxx
Success Rate
2/8 ratings generated profit
Average Return
-46.27%
assigned a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 25.00% of your transactions generating a profit, with an average return of -46.27% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
CRNC Analyst Recommendation Trends
Rating
Apr 24
May 24
Jul 24
Aug 24
Oct 24
Strong Buy
1
2
1
2
1
Buy
3
0
0
0
1
Hold
7
11
12
15
8
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
11
13
13
17
10
Each month's total comprises the sum of three months' worth of ratings.
CRNC Financial Forecast
CRNC Stock Forecast FAQ
What is CRNC’s average 12-month price target, according to analysts?
Currently, no data Available
What is CRNC’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for CRNC, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is CRNC a Buy, Sell or Hold?
Cerence has a consensus rating of Hold which is based on 0 buy ratings, 1 hold ratings and 0 sell ratings.
What is Cerence’s price target?
Currently, no data Available
What do analysts say about Cerence?
Cerence’s analyst rating consensus is a Hold. This is based on the ratings of 1 Wall Streets Analysts.
How can I buy shares of CRNC?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.